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What Can Regulators Regulate

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  • Franklin G. Mixon

Abstract

. An examination of urban warming trends in the United States offers a statistical model that points out that the urban areas cited most heavily by the Environmental Protection Agency for violating ozone standards are not the areas with the greatest warming trends. After accounting for environmental and geometric characteristics of the urban landscape, a negative relationship is found between ozone standard violations (by an urban center) and a measure for the urban area's temperature. The simultaneous system of equations also suggests that industrial firms located in these centers employ lobbyists (successfully) to minimize the degree of an EPA citation. Much of the evidence adds some support to the theory of economic regulation, the capture theory of regulation, and the rent seeking model in the public choice literature.

Suggested Citation

  • Franklin G. Mixon, 1994. "What Can Regulators Regulate," American Journal of Economics and Sociology, Wiley Blackwell, vol. 53(4), pages 403-414, October.
    • Handle: RePEc:bla:ajecsc:v:53:y:1994:i:4:p:403-414
    DOI: 10.1111/j.1536-7150.1994.tb02612.x
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    References listed on IDEAS

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    4. Mixon, Franklin G, Jr & Laband, David N & Ekelund, Robert B, Jr, 1994. "Rent Seeking and Hidden In-Kind Resource Distortion: Some Empirical Evidence," Public Choice, Springer, vol. 78(2), pages 1717-1785, February.
    5. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    6. Caudill, Steven B & Im, Bae-Geun & Kaserman, David L, 1993. "Modeling Regulatory Behavior: The Economic Theory of Regulation versus Alternative Theories and Simple Rules of Thumb," Journal of Regulatory Economics, Springer, vol. 5(3), pages 251-262, September.
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    Cited by:

    1. Richard J. Cebula & Franklin G. Mixon Jr. & Kamal P. Upadhyaya, 2014. "Public Choice and the EPA, 20 Years Later: An Exploratory Study," American Journal of Economics and Sociology, Wiley Blackwell, vol. 73(2), pages 341-352, April.

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